Heat Keep James Ennis For Opener, Rework Deal

SUNDAY, 12:21pm: The restructuring leaves Ennis with precisely 37% of his salary guaranteed for this season, according to Winderman (Twitter link).

4:50pm: Ennis will have 40% of this season’s salary guaranteed, Jackson clarifies (Twitter link).

4:12pm: The sides are still finalizing the changes to the contract, tweets Ira Winderman of the Sun Sentinel.

SATURDAY 4:04pm: The Heat are keeping James Ennis for the start of the regular season after Ennis agreed to yet another change to the guarantee structure on his contract, reports Barry Jackson of the Miami Herald. Ennis was to have received a full guarantee on his $845,059 salary if he stuck on the roster for opening night under the terms of the modifications he and the Heat made to his deal over the summer. Instead, his salary will be partially guaranteed for about half its full value, according to Jackson. It’s unclear if the sides agreed to a date on which the full salary would kick in or if that would take place on the leaguewide guarantee date January 10th.

Ennis, who spent the preseason on a non-guaranteed deal, initially was to have received 50% of his salary for this season if he remained on the roster through August 1st, but the sides did away with that trigger this summer. The 25-year-old swingman struggled in summer league but bounced back somewhat during the preseason. He carries potential, having been the 50th overall pick in 2013.

The latest change to Miami’s deal with Ennis also moves up the date by which his salary for 2016/17 would become fully guaranteed. The new guarantee date for that season will come before July 1st, Jackson reports. It had previously been slated for August 1st.

The Heat have 15 players, including Ennis. That’s the regular season roster limit.

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